Bitcoin's long-term holder to short-term holder (LTH/STH) supply ratio has dropped by 11% over the past 30 days, indicating a notable shift as long-term holders distribute approximately 223,602 BTC to short-term holders. This pattern of supply rotation has historically preceded Bitcoin's previous all-time highs (ATHs), including those in March 2024 and January 2025. Despite this distribution, long-term holders—defined as investors holding Bitcoin for 155 days or more—still control 53% of the total supply. The continued concentration of Bitcoin among long-term holders suggests that additional supply could enter the market if prices rise, which would require sustained demand to absorb the new supply. Market analysts view this trend as a potential signal for a major price movement in Bitcoin.